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Nivel Parts and Manufacturing is a global manufacturer and distributor based in Jacksonville, Florida. The company specializes in aftermarket parts and accessories for niche vehicles, personal transportation vehicles, utility terrain vehicles (UTVs), and heavy-duty equipment. Nivel serves a diverse customer base, including dealers, distributors, and consumers in both the United States and international markets. With over 100,000 SKUs, Nivel offers a wide range of products, including tires, vehicle tops and covers, chargers, cargo boxes, motors, light kits, seats, and various maintenance parts. The company is committed to customer service, stocking nearly all products and shipping 95% of orders the same day. Nivel operates under multiple brands and focuses on innovation within the aftermarket parts industry, making it a trusted partner for vehicle maintenance and customization.
Universal Sompo is a Joint venture of Indian Bank, Indian Overseas Bank, Karnataka Bank, Dabur Investments, and Sompo Japan Insurance Inc. The companys paid-up capital is Rs 368 Cr; Shareholders Net worth is over Rs. 1269 Cr ; Gross Written Premium Rs. 4169 Cr ; Assets Under Management (AUM) Rs. 4386 Cr; Solvency at 1.73 times. The company is headquartered in Mumbai and has 151 offices countrywide with representation through its digitally enabled employees. It has a strong distribution network of Agents, Point of salespersons, Bank Branches, Automobile Dealers, Brokers, Common Service Centres, and Digital Platforms. The company offers 234 IRDAI-approved products and 1494 Add-on covers, ranging from Motor, Accident & Health, Home for Individuals, Shopkeepers Package, Crop and other non-life packages for SMEs, Fire, Marine, Engineering, Employees Benefit, Project Insurance, Liability, and other special products for Corporates. Microinsurance covers the Rural segment. The company maintains its Claims settlement ratio at 98.87% and has robust technology architecture to serve its customers nationwide.
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